Ethereum

<ul class="news-points"> 
 <li><strong>Eric Balchunas is unimpressed with the SEC’s attitude toward the proposed Ethereum ETF.</strong></li> 
 <li><strong>According to Balchunas, SEC staff not communicating with the ETF issuers is not a good sign.</strong></li> 
 <li><strong>Balchunas observed a weak correlation between the Ethereum spot and future ETF</strong>.</li> 
</ul> 
<p>Bloomberg’s Senior ETF Analyst, Eric Balchunas, is unimpressed with the attitude of the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission’s (SEC)</a> staff over the proposed Ethereum ETF. Balchunas expressed his opinion on the issue on X following the release of a memorandum by the SEC’s Division of Trading and Markets after meeting with Coinbase representatives.</p> 
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   <p lang="en" dir="ltr">Normally I'd say this was good sign but as far as I know the Staff has not given any comments yet to the issuers, which is not a good sign as we past when they gave comments on btc ETFs. Further, there's no court loss hovering over. And the correlations bt futures and spot isn't… <a href="https://t.co/AVMhL1QKGf" target="_blank" rel="nofollow">https://t.co/AVMhL1QKGf</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1766132086589841424?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 8, 2024</a>
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<p>According to Balchunas, SEC staff not communicating with the ETF issuers is not a good sign for the proposal’s approval. He highlights it is a departure from the pattern leading to the recent Bitco…</p>
<p>The post <a href="https://coinedition.com/senior-etf-analyst-unimpressed-with-secs-attitude-towards-ethereum-etfs/">Senior ETF Analyst Unimpressed With SEC’s Attitude Towards Ethereum ETFs</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Senior ETF Analyst Unimpressed With SEC’s Attitude Towards Ethereum ETFs

Coin Edition

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